“Approved”
Central Bank
of the Republic of Azerbaijan
Resolution № 32/1
“12” November 2021

Regulations on submission of information on borrowers of credit institutions to the Centralized Credit Registry

1. General provisions

1.1. These Regulations have been developed in accordance with Article 35.4 of the Law of the Republic of Azerbaijan on Banks, Article 22.1 of the Law of the Republic of Azerbaijan on Non-bank Credit Institutions and Article 15-1.1 of the Law of the Republic of Azerbaijan on Credit Unions.
1.2. These Regulations determine the order of submission of the information on every borrower by credit institutions to the Centralized Credit Registry of the Central Bank of the Republic of Azerbaijan (hereinafter – the CCR), as well as the nature and content of this information.

2. Definitions

2.1. The definitions used for the purposes of these Regulations bear the following meanings:
2.1.1 loan – loans issued in any currency as of the reporting date, credit lines, guarantees and warranties, factoring and lease operations, as well as loans written off from the balance (except for interbank loans and loans issued by foreign branches of banks);
2.1.2. information provider – a credit institution that submits loan information to the CCR, including a credit institution under liquidation;
2.1.3. loan identification number – a unique code issued on a loan by a credit institution and not repeated within the information provider;
2.1.4. identification number of a group of joint borrowers –a unique code issued on a group of joint borrowers by a credit institution (except for credit unions) and not repeated within the information provider;
2.1.5. a group of joint borrowers – the persons determined in the Law of the Republic of Azerbaijan on non-bank credit institutions;
2.1.6. private entrepreneur – unincorporated individual entrepreneur.

3. Submission of information to the CCR

3.1. Loan information is provided with the loan identification number and the residual value recorded in accounting documents.
3.2. Information is submitted as of the 1st day of each calendar month within the next 4 (four) working days.
3.3. Information on new loans is submitted to the CCR within 2 (two) business days from the date of the loan issue.
3.4. If the deadline for information falls on a non-working day, it is submitted on the next business day.
3.5. Information on full coverage of loan liability is submitted to the CCR within 2 (two) working days from the date of full repayment of the loan.
3.6. Information is provided electronically in accordance with the requirements of the automated system of the CCR.
3.7. Information submitted to the CCR per loan should include the information specified in Annex 1 herein.
3.8. If a change is required to the identification number of any loan, the CCR should be notified in writing by the credit institution, and a list of old and new numbers should be provided.
3.9. Information providers should ensure accuracy of information submitted to the CCR.
3.10. Any correction to the information in the CCR is based on a written request from information providers or a court decision that has entered into force.

Annex 1
to Regulations on submission of information
on borrowers of
credit institutions
to the Centralized Credit Registry

Composition of the information submitted to the CCR

1. on a credit institution:
1.1. name;
1.2. license number (except for the cases under liquidation).
2. on an individual borrower:
2.1. 1st, last, middle names;
2.2. series and number of an ID card;
2.3. place and date of birth;
2.4. individual identification number;
2.5. private entrepreneur’s TIN;
2.6. whether the private entrepreneur is announced bankrupt.
3. on a borrowing legal entity:
3.1. name;
3.2. TIN;
3.3. whether is announced bankrupt.
4. on a group of joint borrowers:
4.1. group name;
4.2. identification number.
5. on an individual guarantor:
5.1. 1st, last, middle names;
5.2. series and number of an ID card;
5.3. place and date of birth;
5.4. private entrepreneur’s TIN.
6. on guarantor legal entity:
6.1. name;
6.2. TIN.
7. Loan:
7.1. identification number;
7.2. form:
7.2.1. borrowed cash;
7.2.2. credit line;
7.2.3. credit card;
7.2.4. guarantee or warranty;
7.2.5. overdraft lines;
7.2.6. loans written off from the balance sheet;
7.2.7. leasing;
7.2.8. factoring;
7.3. amount;
7.4. full amount of limits on opened credit lines;
7.5. amount of principal to be repaid on the loan as of the reported date;
7.6. amount of interest not received under the loan agreement as of the reported date;
7.7. currency;
7.8. date of issue;
7.9. repayment date specified in an initial agreement;
7.10. end repayment date on the agreement related to prolongation, reformalization, restructuring and other changes;
7.11. maturity (in months);
7.12. annual interest rate;
7.13. amount to be paid within a month;
7.14. date of last payment as of the reported date;
7.15. purpose:
7.15.1. consumer loans to individuals;
7.15.2. mortgage loans to individuals;
7.15.3. trade and services;
7.15.4. energy, chemistry and natural resources;
7.15.5. agriculture and processing;
7.15.6. construction and property;
7.15.7. industry and production;
7.15.8. transport and communication;
7.15.9. oil sector;
7.15.10. other;
7.16. the number of days (delinquent days) from the date of payment of the principal debt of the loan determined by the agreement;
7.17. the number of days from the date of repayment of interest of the loan determined by the agreement;
7.18. the number of maturity prolongation, reformalization, restructuring and other changes;
7.19. classification:
7.19.1. secured with cash;
7.19.2. satisfactory loans;
7.19.3. watch loans;
7.19.4. unsatisfactory loans;
7.19.5. doubtful loans;
7.19.6. loss loans.
7.20. status:
7.20.1. fully repaid;
7.20.2. non-performing;
7.20.3. written off from the balance;
7.20.4. performing.
8. Securitization:
8.1. collateral (mortgage):
8.1.1. type:
8.1.1.1. real estate;
8.1.1.2. movable property;
8.1.1.3. funds in the account;
8.1.2. subject and description;
8.1.3. amount (in manat);
8.1.4. name of the registering public authority (institution) and registration date;
8.2. warranty;
8.3. guarantee;
8.4. unsecured;
8.5. other.